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Progressive

1,179 hedge funds and large institutions have $65.9B invested in Progressive in 2023 Q2 according to their latest regulatory filings, with 116 funds opening new positions, 395 increasing their positions, 505 reducing their positions, and 117 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more call options, than puts

Call options by funds: $258M | Put options by funds: $180M

0.49% less ownership

Funds ownership: 85.54%85.05% (-0.49%)

1% less funds holding

Funds holding: 1,1871,179 (-8)

1% less first-time investments, than exits

New positions opened: 116 | Existing positions closed: 117

8% less capital invested

Capital invested by funds: $71.6B → $65.9B (-$5.7B)

22% less repeat investments, than reductions

Existing positions increased: 395 | Existing positions reduced: 505

34% less funds holding in top 10

Funds holding in top 10: 5838 (-20)

Holders
1,179
Holders Change
-8
Holders Change %
-0.67%
% of All Funds
18.51%
Holding in Top 10
38
Holding in Top 10 Change
-20
Holding in Top 10 Change %
-34.48%
% of All Funds
0.6%
New
116
Increased
395
Reduced
505
Closed
117
Calls
$258M
Puts
$180M
Net Calls
+$78.9M
Net Calls Change
+$82.5M
Name Holding Trade Value Shares
Change
Change in
Stake
WEG
776
World Equity Group
Illinois
$548K -$566K -4,224 -50%
NL
777
NWAM LLC
Washington
$547K +$554K +4,130 New
SIM
778
Sentry Investment Management
Wisconsin
$545K
TWM
779
TMD Wealth Management
Arizona
$542K
USCWA
780
U.S. Capital Wealth Advisors
Texas
$533K +$3.62K +27 +0.7%
Group One Trading
781
Group One Trading
Illinois
$530K +$428K +3,190 +392%
CA
782
Cullinan Associates
Kentucky
$529K
LCM
783
Landscape Capital Management
New Jersey
$526K -$14M -104,497 -96%
UW
784
Unique Wealth
Florida
$526K +$3.22K +24 +0.6%
WPC
785
Wedmont Private Capital
Pennsylvania
$526K -$43.2K -322 -7%
FG
786
Fiduciary Group
Georgia
$517K -$99.9K -745 -16%
BIM
787
Baldwin Investment Management
Pennsylvania
$515K -$20.1K -150 -4%
TPW
788
Transatlantique Private Wealth
New York
$515K +$11.5K +86 +2%
SWM
789
Selective Wealth Management
Virginia
$511K +$523K +3,900 New
SI
790
Scharf Investments
California
$507K +$134 +1 +0%
EC
791
EdgeRock Capital
Colorado
$498K
WDA
792
Wendell David Associates
New Hampshire
$497K -$23.5K -175 -4%
EI
793
Ellevest Inc
New York
$495K +$42.4K +316 +9%
WT
794
Whittier Trust
California
$487K -$24.8K -185 -5%
B
795
Bellecapital
Switzerland
$487K
CL
796
Choreo LLC
Illinois
$486K +$4.29K +32 +0.9%
VDI
797
Vaughan David Investments
Illinois
$484K -$70.4K -525 -13%
DWM
798
Defined Wealth Management
Oregon
$478K +$268 +2 +0.1%
KBFS
799
Kohmann Bosshard Financial Services
Ohio
$477K -$7.64K -57 -2%
LSA
800
Lion Street Advisors
Texas
$474K +$321K +2,395 +92%

PGR Hedge Fund Activity: Q2 2023 in Review

1,179 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Progressive (PGR) for Q2 2023, worth a combined $65.9B — down 8% from $71.6B a quarter earlier.

Sellers outnumbered buyers: 117 funds closed out of PGR and 116 opened new positions — a net loss of 1 holder — while 505 trimmed existing stakes and 395 added.

The largest buyer was Janus Henderson Group, adding an estimated $435M. The largest seller was DZ Bank, cutting an estimated $449M.

  • 1,179 institutional investors held Progressive (PGR) as of Q2 2023, down from 1,187 in Q1 2023.
  • Funds reported $65.9B of Progressive stock for Q2 2023, down 8% quarter-over-quarter.
  • 116 funds opened new Progressive positions in Q2 2023 and 117 closed out, a net change of -1 holder.
  • The largest Progressive buyer in Q2 2023 was Janus Henderson Group, an estimated $435M added.
  • The largest Progressive seller in Q2 2023 was DZ Bank, an estimated $449M sold.

Based on aggregated 13F filings for Q2 2023.